Tax Avoidance: A lawful Tax Planning Mechanism
Tax avoidance is not illegal but tax evasion is unlawful. Tax avoidance is planning of your income i...
7 easy steps for checking Income Tax Return Status
Have you checked your Income tax return Status? To know how to check how to check the income tax ret...
Income Tax Slab / Rates for FY 2016-17 AY 2017-18
The Union Finance Minister Shri Arun Jaitley in his Budget Speech ON 29/02/2016 in Lok Sabha propose...
BEPS: Base Erosion and Profit Shifting in India
BEPS stands for Base Erosion and Profit Shifting. BEPS are the guidelines issued by the organization...
CBDT CIRCULAR ON TAXABILITY OF SURPLUS ON SALE OF SHARES AND SECURITIES
CBDT vide its Circular No.6/2016 dated February 29, 2016 clarified the issue of taxability of surplu...
CBDT CIRCULAR ON TDS ON PAYMENTS BY TELEVISION CHANNELS TO ADVERTISEMENT COMPANIES
CBDT issued Circular No.5/2016 dated 29.02.2016 deals with TDS on payments by television channels an...
FINANCE BILL 2016 PROVISIONS RELATING TO DIRECT TAXES
Finance Bill 2016 Provisions Relating To Direct Taxes Introduction The provisions of Finance Bill,...
CBDT CLARIFICATION ON NATURE OF SHARE BUY BACK TRANSACTIONS
CBDT vide its Circular No. 03/2016 dated February 26, 2016 clarifies that consideration received on...
Last date to file Income Tax return for FY 14 is 31 March 2016
The current financial year (FY) is going to end on 31 March 2016. For tax-related purposes, this dat...
Can TDS be deducted at a lower rate or not at all?
The income tax act has defined the rates at which TDS has to be deducted. These rates may vary based...